The Management of Living Trust Mortgage Bank Plc has denied media reports alleging a ₦64 million fraud case involving the bank in Onitsha, Anambra State.
In a statement on Tuesday, the Bank denied any involvement in the alleged fraudulent activities.
The Bank clarified that the individual mentioned in the reports, one Chizoba Emmanuel Dilo is neither an employee, agent, nor representative of Living Trust Mortgage Bank.
”The bank has no branch or operational presence in Onitsha, and we have no record of any transaction with the petitioner, Mr. Chinedu Obaino, regarding the purchase of stocks from China as claimed in the media,” the statement read.
Living Trust Mortgage Bank further reaffirmed its commitment to the highest standards of corporate governance and transparency.
The management urged customers and stakeholders to disregard the baseless and misleading reports, noting that the bank remains focused on providing reliable mortgage and financial services to its growing clientele.